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TR🏛️ PoliticsCenter10 hr. ago

French group joins disputed eastern Mediterranean cable project

A French investment group, Meridiam, has agreed to become the majority shareholder in the Great Sea Interconnector (GSI), a subsea electricity link connecting Greece and Greek Cyprus. The project, which aims to eventually extend to Israel, has faced objections from Turkey, which claims parts of the proposed route lie within its continental shelf. Turkish authorities insist that any survey or cable-laying activities in these areas require prior coordination with Ankara. The agreement was signed in Athens, with Greek Prime Minister Kyriakos Mitsotakis attending the ceremony. Greek media suggest that Meridiam's involvement brings stronger French support to the project and could bolster Greece's stance against Turkish objections.

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Hurriyet Daily News logoHurriyet Daily NewsParty-alignedCenter10 hr. ago
French group joins disputed eastern Mediterranean cable project

A French investment group, Meridiam, has agreed to become the majority shareholder in the Great Sea Interconnector (GSI), a subsea electricity link connecting Greece and Greek Cyprus. The project, which aims to eventually extend to Israel, has faced objections from Turkey, which claims parts of the proposed route lie within its continental shelf. Turkish authorities insist that any survey or cable-laying activities in these areas require prior coordination with Ankara. The agreement was signed in Athens, with Greek Prime Minister Kyriakos Mitsotakis attending the ceremony. Greek media suggest that Meridiam's involvement brings stronger French support to the project and could bolster Greece's stance against Turkish objections.

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